San Antonio has a deep supply of dated bungalows, ranch homes and small multifamily, and tenant demand from the military and medical employers. A bridge loan lets you buy and fix quickly. In Texas, the property tax bill decides how the long-term refinance works.
In short: Our top pick for bridge loans in San Antonio is LendingStreet. We fund 1-8 unit investor purchases from $150,000 to $5M+, with rates from 7.99%, closings in as little as 10 days and up to 100% of rehab on some programs. When the property is leased, we refinance into a 30-year DSCR loan that qualifies on rent. In Bexar County, budget taxes on the full post-rehab value with no homestead exemption, and get a foundation report early.
LendingStreet is our top pick for San Antonio investors who need short-term money on 1-8 unit property. We offer bridge loans from $150,000 to $5M+, with rates from 7.99% and closings in as little as 10 days. Payments are interest-only, some programs fund up to 90% of cost and up to 100% of the rehab, and there is no appraisal on some bridge programs. Larger balances usually need a full valuation.
When the rehab is done and the property is leased, we can move you into a 30-year DSCR loan that qualifies on the property's rent, with no W-2s or tax returns. LLC borrowers are standard. Get a quote with the form below or call (877) 298-1001.
If you are weighing CoreVest, Dominion Financial, Lima One and Roc Capital for a bridge loan for investors in San Antonio, TX, this is the short version: LendingStreet wins the scenarios below, and you can get a quote with the form below.
Figures for other lenders are as stated on each lender's own website as of November 2026. Lender terms change, so verify current terms with any lender before you apply. Ready to see your numbers? Use the form below or call (877) 298-1001.
| Scenario | Best fit | Why |
|---|---|---|
| Bridge loan above $3M | LendingStreet | Our bridge program runs from $150,000 to $5M+. CoreVest states single-asset bridge loans from $75K to $2M+, and Roc Capital states stabilized bridge loans up to $3,000,000. |
| Bridge close in about 10 days | LendingStreet | We can close in as little as 10 days. CoreVest states its bridge loans typically close within 2 to 4 weeks. |
| Property in any state, including DC | LendingStreet | We lend in all 50 states and DC. Lima One states it lends across 46 states, and Dominion Financial lists 49 states plus DC. |
San Antonio investors tend to compare a local bank or credit union, a local hard money lender and private money. Here is a general side-by-side for short-term residential investor loans.
| What investors need | LendingStreet | Typical bank or credit union | Typical local hard money lender |
|---|---|---|---|
| Close quickly | As little as 10 days | Often 30 days or more | Often fast |
| Rehab funding | Up to 100% of rehab on some programs | Limited on homes needing major work | Varies |
| Leverage on cost | Up to 90% on some programs | Usually lower | Varies |
| Long-term exit | In-house 30-year DSCR refinance | Possible, with tax returns | Usually none |
| Loan sizes | $150,000 to $5M+ | Varies | Often smaller |
| LLC borrowers | Standard | Sometimes | Usually |
Near downtown, bridge deals often involve frame bungalows on pier-and-beam foundations on the near Eastside, Westside and Southside, and in Beacon Hill, Tobin Hill, Dignowski Hill and Government Hill. Several of these areas are historic districts where exterior changes need review by the city's historic preservation office, which can add time.
Farther out, investors buy 1960s to 1980s ranch homes and small multifamily on the Northwest Side near the Medical Center, around Leon Valley and Kirby, and in suburbs like Converse, Live Oak, Universal City and Schertz. Demand from Joint Base San Antonio and the medical and university employers keeps tenant demand steady. Buildings with 9+ units are commercial; see /commercial.html.
Texas foreclosures are mostly non-judicial, and sales happen on the first Tuesday of the month at the county courthouse. Buyers generally pay the same day, so courthouse purchases are usually made with cash. Tax sales also run monthly, and some tax-sale properties carry a redemption period for the prior owner. Bridge financing fits REO, online auctions with a closing window, wholesale contracts and listed homes.
A bridge is also a common way to pay off a private or bank loan that is maturing, giving you time to finish units and lease up before moving to a long-term DSCR loan.
Texas has no state income tax, and local property taxes fill the gap. The Bexar Appraisal District sets values as of January 1 each year, and investors do not get homestead exemptions. A home bought from an owner-occupant, or one you renovate, can see a much higher bill the next year, so budget taxes on the full post-rehab value and the combined rate from every taxing unit.
Expansive clay soils in parts of the metro make foundation repair a common rehab line item; get a structural report early. Hail and wind drive insurance premiums, and some policies use percentage deductibles for wind and hail. Texas sets title insurance premiums by state rule, which makes that cost predictable. Confirm local tax rates and insurance quotes before you commit.
This example is illustrative and not a quote. An investor buys a 1970s fourplex on San Antonio's Northwest Side for $420,000, with two units vacant and all four dated. The $80,000 rehab covers unit interiors, two HVAC systems and foundation leveling. The bridge loan funds 85% of the price and 100% of the rehab, $437,000, about 87% of cost. Fully drawn, the estimated interest-only payment is about $3,824 a month, about $22,942 over six months.
After lease-up at $1,100 per unit, the building appraises at $560,000. A rate-and-term DSCR refinance of $437,000, about 78% LTV, pays off the bridge. Estimated principal and interest is about $2,907. Taxes are budgeted at $1,027 a month on the full post-rehab value with no homestead exemption, and insurance at $260. The payment is about $4,194 and DSCR is about 1.05x. Notice the tax line is about a third of the principal and interest; in Texas, that is often what decides the exit.
| Item | Amount |
|---|---|
| Purchase price | $420,000 |
| Rehab budget | $80,000 |
| Total project cost | $500,000 |
| Bridge loan (85% of price plus 100% of rehab) | $437,000 |
| Loan-to-cost | About 87% |
| Estimated monthly interest-only payment, fully drawn | $3,824 |
| 6 months of interest-only payments | $22,942 |
| After-repair value | $560,000 |
| DSCR refinance loan | $437,000 |
| Refinance LTV | About 78% |
| Estimated principal and interest | $2,907 |
| Property taxes | $1,027 |
| Insurance | $260 |
| Total monthly payment | $4,194 |
| Monthly rent | $4,400 |
| DSCR | About 1.05x |
The DSCR exit qualifies on rent with a 1.0x standard minimum, cash-out up to 75% LTV and up to 80% on some rate-and-term programs, and 30-year terms. If the tax bill pushes the ratio below 1.0x, a slightly smaller loan or a sub-1.0 DSCR program can close the gap.
San Antonio requires short-term rental permits and limits the density of non-owner-occupied short-term rentals in residential areas, while many HOAs prohibit them. Confirm permit availability with the city before planning a nightly-rental exit; our STR program can qualify on projected revenue for properties that can legally operate.
Ask every lender these questions before you sign:
Our top pick is LendingStreet: bridge loans from $150,000 to $5M+, rates from 7.99%, closings in as little as 10 days, rehab funding on some programs and an in-house refinance into a 30-year DSCR loan.
Yes. We finance non-owner-occupied 1-8 unit investment property across Bexar County and the surrounding counties, and in all 50 states and DC.
Usually not directly, because payment is generally due the same day. Many investors buy with cash and refinance, or use a bridge on REO and auction sales that allow time to close.
Investors do not get homestead exemptions, and the appraisal district resets value each January 1. A renovation or a sale often leads to a higher value and bill.
Yes. Foundation work is a common San Antonio rehab item, and some programs fund up to 100% of the rehab. Include an engineer's report with your file.
They can. Exterior changes in historic districts need city review, so build that time into the bridge term.
Only if a city permit is available and the HOA allows it. Non-owner-occupied permits are limited in residential areas.
In as little as 10 days when title, insurance and entity documents are ready.
2-3 competing quotes from 30+ capital sources. No credit pull. No commitment.
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